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Search Results for: Retail
Husqvarna Group Maintains ‘Climate Leader’ Status for Third Consecutive Year
(IN BRIEF) Husqvarna Group has once again been honored as a “Climate Leader” by Financial Times for its ongoing commitment to reducing carbon emissions, ranking 74th among thousands of European companies scrutinized. The recognition underscores the company’s dedication to sustainability … Read the full press release
Posted in Awards, Business, Electronics & Machinery, Environment, Industrial, Management, News, Sweden
Tagged 'Climate Leader' Status, Awards, Calle Medin, Husqvarna Group, leadership, sustainability
Eviden Launches BullSequana AI: A Next-Generation AI Computing Solution
(IN BRIEF) Eviden, a leading business within the Atos Group specializing in advanced computing, introduces its new product line, “BullSequana AI.” This comprehensive offering comprises five AI server ranges tailored for various AI workloads, catering to different needs from edge … Read the full press release
ING Launches €2.5 Billion Share Buyback Initiative to Optimize Capital Structure
(IN BRIEF) ING Group has announced a share buyback programme, aiming to repurchase ordinary shares of ING Groep N.V. for a maximum total amount of €2.5 billion. The purpose of this programme is to converge their Common Equity Tier 1 … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, share buyback
EBRD Invests in TBC Bank Georgia’s US$300 Million Capital Notes Issuance
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has injected US$60 million into TBC Bank Georgia’s public placement of US$300 million Additional Tier 1 (AT1) capital notes, marking TBC’s return to international capital markets since 2019. This investment, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged EBRD, GEORGIA, investment, partnership, TBC Bank
Ahold Delhaize Repurchased 1,238,807 Shares as Part of €1 Billion Buyback Program
(IN BRIEF) Ahold Delhaize, a major retail company, has repurchased 1,238,807 of its common shares between April 22, 2024, and April 26, 2024, as part of its ongoing €1 billion share buyback program announced in November 2023. The shares were … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
NMB Bank’s Sustainability Bond Listed on Luxembourg Stock Exchange’s Leading Platform
(IN BRIEF) Last Friday, NMB Bank Plc celebrated the listing of its dual-currency sustainability bond, named the NMB Jamii bond, on the Luxembourg Stock Exchange (LuxSE). The bond, showcased on the Luxembourg Green Exchange (LGX), raised approximately USD 157 million … Read the full press release
Husqvarna Group Achieves 51% Reduction in CO2 Emissions, Exceeding Targets Amid Sales Surge
(IN BRIEF) Husqvarna Group, a leading provider of outdoor power products, has achieved a remarkable milestone by halving its absolute CO2 emissions compared to the 2015 baseline year, surpassing its sustainability targets. Despite a significant increase in sales by 47%, … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Calle Medin, CO2 emissions, Husqvarna Group, sustainability
PUMA Hoops and LaMelo Ball Introduce the LaFrancé: A Bold Lifestyle Sneaker
(IN BRIEF) PUMA Hoops and LaMelo Ball have teamed up to unveil the LaFrancé, their first-ever lifestyle shoe collaboration. Inspired by LaMelo’s signature style and his lifestyle brand LaFrancé, the sneaker takes cues from 90s and early 2000s skate footwear, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, Germany, Industrial, Investment, Management, News, Sports
Tagged LaFrancé, LaMelo Ball, Noah Bice, partnership, PUMA Hoops, Sneaker, sports
ArcelorMittal Releases 1Q 2024 Analyst Consensus Figures and 2023 Factbook
(IN BRIEF) ArcelorMittal has published its first-quarter 2024 sell-side analyst consensus figures, revealing estimates for EBITDA, net income, and earnings per share. These figures, compiled by Visible Alpha based on the assessments of sell-side analysts, provide insights into the company’s … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged 1Q 2024 Analyst Consensus Figures, 2023 Factbook, ArcelorMittal, Financial, investment
EPCG Acquires Stake in thyssenkrupp’s Steel Business: A Step Towards Decarbonization
(IN BRIEF) thyssenkrupp AG and EP Corporate Group (EPCG) have reached an agreement for EPCG to acquire a 20 percent stake in thyssenkrupp’s steel business, with discussions ongoing for a further 30 percent acquisition, aiming to form an equal 50/50 … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, Daniel Křetínský, decarbonization, EPCG, Miguel López, partnership, steel business, sustainability, ThyssenKrupp
Unilever Reports Strong Q1 2024 Results with 4.4% Underlying Sales Growth
(IN BRIEF) Unilever has announced its first-quarter results for 2024, revealing a 4.4% increase in underlying sales growth, driven by a 2.2% rise in volume. All five business groups reported growth, led by Beauty & Wellbeing. Turnover reached €15.0 billion, … Read the full press release
Posted in Business, Commodities, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, Hein Schumacher, investment, Q1 2024 Results, Unilever
TotalEnergies and Vanguard Renewables Forge Joint Venture to Boost Renewable Natural Gas Projects Across the US
(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Doug Vaccari, Larry Fink, Neil H. Smith, Olivier Guerrini, partnership, Patrick Pouyanné, Renewable Natural Gas Projects, sustainability, TotalEnergies, US, Vanguard Renewables
Eni’s Q1 2024 Results Show Accelerated Growth and Strategic Portfolio Transformation
(IN BRIEF) Eni’s Board of Directors, under the leadership of Giuseppe Zafarana, approved the unaudited consolidated results for Q1 2024, showcasing an accelerated transformation of the company’s portfolio. CEO Claudio Descalzi highlighted key achievements, including the acquisition of Neptune Energy … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged Claudio Descalzi, Eni, Financial, Giuseppe Zafarana, investment
Leadership Transition at flatexDEGIRO: Co-CEOs Appointed as Niehage Steps Down
(IN BRIEF) Frank Niehage will step down from his role as CEO of flatexDEGIRO Group on April 30, 2024, due to differing views on strategic development. Dr. Benon Janos, CFO, and Stephan Simmang, CTO, will take on the roles of … Read the full press release
Intesa Sanpaolo Partners with Quid Informatica to Launch Innovative Financing Products through isybank
(IN BRIEF) Intesa Sanpaolo and Quid Informatica have inked a framework agreement facilitating the introduction of financing products by isybank, Intesa Sanpaolo’s digital bank, in the upcoming months. Qinetic, Quid’s credit process management platform, will serve as the foundation for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology
Tagged Enrico Bagnasco, Innovative Financing Products, Intesa Sanpaolo, isybank, partnership, Qinetic, Quid Informatica, Stefano Bertoli
Maersk Enhances ME2 Ocean Service, Expanding Reach to North Europe Ports
(IN BRIEF) A.P. Moller – Maersk (Maersk) has announced a significant upgrade to its ME2 ocean service, now including port calls to key destinations in North Europe such as Rotterdam, Felixstowe, and Bremerhaven. This strategic extension aims to benefit North … Read the full press release
Bang & Olufsen’s Climate Targets Aligned with Paris Agreement Goals, Validated by SBTi
(IN BRIEF) Bang & Olufsen’s commitment to reducing greenhouse gas emissions has been validated by the Science Based Targets initiative (SBTi), affirming their alignment with the 1.5-degree pathway from the Paris Agreement. With aims to achieve Net-Zero across their value … Read the full press release
Ingka Group Expands Globally with New IKEA Store Openings in Switzerland and China
(IN BRIEF) Ingka Group, the leading IKEA retailer, is embarking on an ambitious expansion journey by opening new IKEA stores and customer meeting points in various locations worldwide. In Switzerland, a modern IKEA store opened in Riddes, featuring innovative sustainability … Read the full press release
Posted in Business, Netherlands, Retail, Switzerland
Tagged CHINA, Cindy Andersen, IKEA retailer, IKEA store, IKEA Xi’an Yanta, Ingka Group, Livat meeting place, Riddes, Switzerland, Tolga Öncu, Xi’an
Vonk en Co BV Introduces New Mercedes-Benz Ategos to its Fleet for Enhanced Distribution Operations
(IN BRIEF) Vonk en Co BV, an international haulage company specializing in white goods transportation, has recently integrated seven new Mercedes-Benz Ategos into its fleet, totaling 13 vehicles. These Ategos, equipped with box bodies, replace older trucks and are expected … Read the full press release
Taylor Swift Fans Warned of Rising Ticket Scams Ahead of UK Tour
(IN BRIEF) As excitement mounts for Taylor Swift’s long-awaited UK tour, fans have fallen prey to a surge in concert ticket scams, with fraudsters exploiting social media platforms to target eager concert-goers. Analysis by Lloyds Bank reveals a concerning trend, … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Industrial, Internet & Online, Investment, Management, Marketing, Media, News, Retail, Security & Safety, Technology, United Kingdom
Tagged Liz Ziegler, Lloyds Bank, SECURITY, social media, Taylor Swift Fans, Ticket Scams, UK Tour
Unilever Unveils Wonder Wash: A Breakthrough 15-Minute Laundry Detergent
(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release
Ahold Delhaize Establishes NextCo Advisory Board to Represent Next Generation Voices
(IN BRIEF) Ahold Delhaize, a global retail giant, introduces NextCo, an advisory board to the Executive Committee (ExCo), aiming to incorporate the perspectives of the next generation into strategic decision-making processes. Comprised of six Millennial leaders from key countries where … Read the full press release
Rise of Automated Threats: Imperva Report Reveals Alarming Trends in Bot Traffic
(IN BRIEF) Thales, through its cybersecurity division Imperva, released the 2024 Imperva Bad Bot Report, highlighting a concerning trend of escalating automated bot traffic on the internet. The report reveals that bad bots, accounting for 32% of all internet traffic, … Read the full press release
Posted in Business, Defence, France, Government, Internet & Online, Management, News, Security & Safety, Technology
Tagged Automated Threats, Bot Traffic, Cybersecurity, Imperva, Nanhi Singh, Thales
Heathrow Whisky Festival Takes Off, Celebrating Spirit of Travel
(IN BRIEF) Heathrow Airport launches its annual Whisky Festival, running from April 15 to May 14, offering travellers a month-long celebration of whisky culture. The festival boasts expert-led masterclasses, exclusive product launches, and whisky-infused menu items across the airport’s terminals. … Read the full press release
Claudia Arney Appointed Chair of Kingfisher plc Board, Succeeding Andrew Cosslett
(IN BRIEF) After seven years as Chair of the Board, Andrew Cosslett will step down from Kingfisher plc’s Board of Directors at the conclusion of the Company’s AGM on June 20, 2024. Claudia Arney, an Independent Non-Executive Director since November … Read the full press release
Posted in Business, Industrial, Management, News, Retail, United Kingdom
Tagged Andrew Cosslett, appointment, Catherine Bradley CBE, Chairman, Claudia Arney, Kingfisher plc, leadership, Rakhi Goss-Custard
Citycon Launches Incentive Plans to Align CEO Objectives with Shareholder Value
(IN BRIEF) Citycon Oyj’s Board of Directors has approved the launch of a new stock option plan and restricted share unit plan aimed at the Chief Executive Officer, aiming to enhance alignment between shareholder objectives and CEO incentives while bolstering … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, News, Real Estate, Retail
Tagged CEO Objectives, Citycon, Financial, Incentive Plans, investment, Shareholder Value
VARTA AG Evaluates Restructuring Amid Economic Challenges and Cyberattack Fallout
(IN BRIEF) VARTA AG, amidst economic challenges exacerbated by a cyberattack on its IT systems, is reassessing its restructuring program agreed upon in July 2023. The current economic situation, marked by volatile customer purchase volumes, decreased demand for energy storage … Read the full press release
Posted in Automotive, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged AuxilPartner, cyberattack, VARTA AG
DHL Global Forwarding Partners with Prada Group to Reduce Emissions Through Sustainable Aviation Fuel
(IN BRIEF) DHL Global Forwarding announces its collaboration with the Prada Group, marking the fashion giant’s first investment in Sustainable Aviation Fuel (SAF) credits through DHL’s GoGreen Plus service. This strategic partnership allows Prada Group to significantly reduce its transport … Read the full press release
Posted in Apparel, Fashion & Beauty, Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged DHL, Italy, Mario Zini, partnership, Prada Group, reduce emissions, sustainability, sustainable aviation fuel
Driving Sustainability: Vitesco Technologies Teams Up with DHL for Logistics Transformation
(IN BRIEF) Vitesco Technologies announces a strategic partnership with DHL Supply Chain as its Lead Logistics Partner (LLP) in Europe, aiming to enhance sustainability, resilience, and efficiency in its logistics operations. Starting March 2024, DHL will centrally manage logistics flows … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Technology, Transportation & Logistics
Tagged DHL, Hendrik Venter, Logistics Transformation, partnership, Poland, sustainability, Thomas Kirchermeier, Vitesco Technologies
Software AG Introduces ARIS AI Companion: Empowering Every Employee in Process Optimization
(IN BRIEF) Software AG unveils the ARIS AI Companion, a groundbreaking tool designed to democratize process analysis and optimization within organizations. With AI-enabled process mining capabilities, employees across all levels can now delve into their organization’s processes, identify inefficiencies, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged ARIS AI Companion, Dr. Stefan Sigg, optimization, Software AG
Software AG Unveils Alfabet 11: Empowering Business Users in Digital Transformation
(IN BRIEF) Software AG announces the release of Alfabet 11, a pivotal advancement in enterprise architecture and strategic portfolio management. Designed to engage previously disconnected business users in the digital transformation journey, Alfabet 11 enhances accessibility to IT landscape analysis … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Alfabet 11, digital transformation, Dr. Stefan Sigg, Software AG
EBRD Extends €50 Million Facility to Oschadbank, Boosting Ukraine’s Private Sector Amidst War
(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, Francis Malige, MSMEs, Oschadbank, partnership, Sergii Naumov, sustainability, UKRAINE
EBRD and NBU Forge Partnership to Enhance Veteran Reintegration in Financial Sector
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the National Bank of Ukraine (NBU) have inked a Memorandum of Understanding aimed at bolstering human capital resilience in Ukraine by fostering greater accessibility of war veterans to the … Read the full press release
Revolutionizing B2B Charging Solutions: Volkswagen’s Elli Launches Charging Site Management for Fleet Electrification
(IN BRIEF) Volkswagen Group’s subsidiary Elli has unveiled Charging Site Management, a comprehensive B2B solution designed to facilitate the electrification of fleets. This innovative product offers a modular portfolio including AC and DC charging hardware, integrated software solutions, and consulting … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged B2B Charging Solutions, Charging Site Management, electrification, Elli, Michael Gotthelf, partnership, sustainability, Volkswagen
DWS Expands European Infrastructure Portfolio with Acquisition of Solar PV Plants in Spain
(IN BRIEF) DWS, a prominent asset manager, has finalized an agreement with global renewable energy developer X-ELIO to acquire three solar photovoltaic (PV) plants in Spain as part of its European infrastructure investment strategy. With a combined capacity of 147 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged acquisition, DWS, European Infrastructure, Nicholas Pentreath, partnership, Peter Brodehser, solar PV plants, Spain, sustainability
Accenture Strengthens European Foothold with Acquisition of Axis Corporate in Spain
(IN BRIEF) Accenture (NYSE: ACN) has bolstered its European presence with the acquisition of Axis Corporate, a renowned Spanish management and technology consulting firm specializing in financial services. With a focus on strategy and technology, Axis Corporate brings expertise in … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Ireland, Management, News, Spain, Technology
Tagged Accenture, acquisition, Axis Corporate, Casimiro Gracia, David Cordero, Mercedes Oblanca, Spain
Melodies of Milan: IKEA’s “1st” Exhibition Unites Music and Design
(IN BRIEF) During Milan Design Week, IKEA’s “1st” exhibition at Padiglione Visconti becomes a haven for the city’s music scene, celebrating individual journeys towards independence through the fusion of music and design. Featuring nightly performances from various artists like Lorenzo … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Entertainment, Financial, Industrial, Investment, Italy, Management, Media, Netherlands, News, Retail
Tagged "1st" Exhibition, Akeem, Burro studio, Ciao! Discoteca Italiana, design, IKEA, Ingka, Lorenzo Senni, Marcus Engman, Melodies of Milan, Milan Design Week, music, Padiglione Visconti, SLIPMODE
Savills Announces Second Two-Day Auction, Showcasing Diverse Property Portfolio
(IN BRIEF) Savills is gearing up for its second two-day auction of the year on April 15th and 16th, in response to high demand for their online live-streamed auctions. The auction will feature a diverse catalog of 280 residential, commercial, … Read the full press release
Posted in Business, Financial, Industrial, Internet & Online, Investment, Management, News, Real Estate, United Kingdom
Tagged Jeremy Lamb, Property portfolio, Savills, Two-Day Auction
LEGO Group Teams Up with Illumination for New Despicable Me 4 LEGO Sets
(IN BRIEF) The LEGO Group, in collaboration with Illumination and Universal Products & Experiences, announces an exciting partnership to coincide with the release of Illumination’s Despicable Me 4 on July 3. This collaboration introduces a new range of LEGO Despicable … Read the full press release
Bang & Olufsen and ADER ERROR Unveil “The Blueism” Collection: A Fusion of Fashion and Music
(IN BRIEF) Bang & Olufsen and ADER ERROR have announced a collaborative limited-edition collection titled “The Blueism”, marrying fashion and music through a sleek portable speaker and accessories. ADER ERROR infuses its signature Z-blue color into Bang & Olufsen’s Beosound … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Denmark, Electronics & Machinery, Entertainment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged "The Blueism" Collection, ADER ERROR, Andra Gavrilescu, Bang & Olufsen, Beosound A1, fashion, music, partnership, South Korea, sustainability